🚨 BREAKING: Ripple Applies for U.S. Banking License 🇺🇸🏦

In a bold pivot toward mainstream finance, Ripple has officially applied for a U.S. national banking charter, aiming to take direct control of fiat reserves backing its new stablecoin RLUSD. This could mark a massive shift in crypto-regulatory dynamics.

📰 As reported by the Wall Street Journal:

• Ripple seeks a license from the OCC (Office of the Comptroller of the Currency)

• Goal: Manage RLUSD reserves directly — even with the Fed if granted a master account

• Comes amid stablecoin regulation under the GENIUS Bill, requiring full fiat reserve transparency

🔗 Ripple’s strategic move mirrors Circle’s earlier push to bank its USDC reserves and positions Ripple as a potential crypto-native neobank — not just a tech provider.

🚀 $XRP Price Reaction:

• From $2.17 ➡️ $2.26 before slight cooling

• XRP Open Interest: Surged from $1.68B → $1.8B

• 75% Long Positions | Shorts liquidated on Binance

• Momentum building for a major breakout 📈

💬 Ripple CEO Brad Garlinghouse:

“This move reinforces RLUSD’s credibility and Ripple’s commitment to compliance at both state and federal levels.”

🧠 Ripple isn’t replacing banks anymore — it’s becoming one.

#StrategyBTCPurchase #DYMBinanceHODL #TrumpVsMusk #NODEBinanceTGE #ConsumerConfidence